General Discussion
In reply to the discussion: Bitcoin ATM maker announces plans to expand to U.S. and beyond [View all]MineralMan
(151,370 posts)I think you don't know as much as you pretend to know. I'm far from a luddite, despite my age.
Bitcoin is apolitical and also amoral. It is its amoral nature that will be its downfall, and that is becoming evident right now. Its use to facilitate an underground, unregulated marketplace that operates (it supposes) privately, is what makes bitcoin an iffy proposition. Its libertarian, autonomous nature leaves it open to abuse and makes it less than secure.
I suggest you pay closer attention to the marketplace in which bitcoin is most widely used. That marketplace is no longer anonymous, nor is it any longer unobservable. Bitcoin is part of the economic system that operates in what was at one time a secure environment. It is not that any longer.
I further suggest that you convert whatever bitcoin you might hold into a currency backed by a government. I wouldn't delay in doing this.
You don't know me. You don't know what I do and do not know. I don't know you, either, but I can guess what you do not know or are willing to ignore for some reason.
As I said, good luck in your ventures.